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By David Richards
Given the credit crisis in the American economy, American real estate sellers are looking to sovereign wealth funds as potential buyers more often since they do not need to finance the acquisition price, but new regulations require a careful review of such transactions to determine whether they might impact national security.
By Veronica Montagna
When representing a party in a transaction that involves a purchase of U.S. assets by a foreign national or a foreign entity, you must consider whether your cross-border transaction should be voluntarily submitted for review by the U.S. government based on concerns for national security.